Yahoo Finance Slideshow 5
Slideshow 5
Slideshow 5
Q1 2024 Leonardo DRS Inc Earnings Call
The stock market round-tripped big initial gains as AI plays such as Nvidia retreated. Carvana soared late on earnings.
Microsoft will invest $2.2 billion over the next four years in Malaysia to support the country's digital transformation, the company said in a statement on Thursday. Microsoft's announcement came as chief executive Satya Nadella visited Kuala Lumpur on Thursday, part of a tour in Southeast Asia to promote the U.S. company's generative artificial intelligence (AI) technology. Microsoft said the investment will include building cloud and AI infrastructure, creating AI skilling opportunities for 200,000 people, and supporting the growth of Malaysia's developer community.
Japanese authorities likely intervened in the currency market to signal they see 160 yen to the dollar as their line in the sand, Columbia University academic and former finance ministry executive Takatoshi Ito told Reuters on Thursday. "Intervention is effective if conducted in a timely manner," said Ito, who is an associate of former Bank of Japan Governor Haruhiko Kuroda and retains close contact with current Japanese policymakers. Japanese authorities are suspected of having stepped into the foreign exchange market at least twice this week to prevent sharp and economically debilitating declines in the yen.
Microsoft will invest $2.2 billion over the next four years in Malaysia to support the country's digital transformation, the company said in a statement on Thursday. Microsoft's announcement came as chief executive Satya Nadella visited Kuala Lumpur on Thursday, part of a tour in Southeast Asia to promote the U.S. company's generative artificial intelligence (AI) technology. Microsoft said the investment will include building cloud and AI infrastructure, creating AI skilling opportunities for 200,000 people, and supporting the growth of Malaysia's developer community.
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It's nice to see the Fleetwood Limited ( ASX:FWD ) share price up 11% in a week. But that doesn't help the fact that...